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INTRO

Too much paid work - at the expense of study time

''Norwegian students spend a lot of time on paid jobs besides the studies and they spend less time on studies than students from other European countries".

 

 

 

 

 

 

Pressured to live off of credit cards

The student economy leads some students to use credit cards in order to cover their basic needs. According to public statistics, students have not had as little money as they do today for at least 37 years.

 

 

 

 

 

 

 

More students, higher prices and harder to get loans

From 2009 to next year Norway will have experienced an increase of 33,000 more students. This year, Trondheim receives 7000 new students, and they are faced with a tough rental market. Statistics Norway reports a monthly average rent of NOK 6,923 in the capital of Trønder. At the same time, market prices from hybel.no show that the average price for a room in public has increased by 11.9 per cent compared with the same period as last year.Increasing equity requirements to 15 percent has only reinforced the problem for those without housing, since homeowners can use their home as collateral to buy more, rent and earn even more deductions.